Ethical Funds Inc. today announced the launch of seven new socially responsible mutual funds to its family of 12 Ethical Funds.

The new Ethical Canadian Dividend Fund, Ethical U.S. Special Equity Fund, Ethical Global Growth Fund, Ethical International Equity Fund, Ethical European Equity Fund, plus two RSP eligible clones, will be available for sale October 1. This expands the Ethical family to 19 funds in total.

“For the first time, socially conscious investors can build a complete, globally diversified investment portfolio within a single mutual fund family,” said Margaret Yee, Ethical Funds vice president. “The family of Ethical Funds now covers fixed income, core equity, global equity funds, regional funds, as well as several specialty funds.”

To manage these new funds, Ethical has retained some of the most respected portfolio managers in the investment industry including Clay Finlay Inc. in New York, Marvin & Palmer Associates, Inc. in Wilmington, Delaware, William Blair & Company, L.L.C. in Chicago, Illinois and Greystone Managed Investments Inc. in Regina, Saskatchewan.